VANA just flashed a textbook oversold bounce setup with RSI at 25 — every dive this deep in the past month snapped back hard.
$VANA $1.080 Long TP $1.110 SL $1.063
RSI plunged to 25.0, deep in oversold territory, while price kissed the $1.070 24h low and reversed on above-average volume — the exact conditions that preceded the last 15% relief rally.
The massive wick to $1.250 was a liquidity grab that shook out late sellers; with price below both MA7 ($1.0966) and MA25 ($1.1254), the path of least resistance is a snap-back toward the 4H order block at $1.110.
DYOR
$VANA $1.080 Long TP $1.110 SL $1.063
RSI plunged to 25.0, deep in oversold territory, while price kissed the $1.070 24h low and reversed on above-average volume — the exact conditions that preceded the last 15% relief rally.
The massive wick to $1.250 was a liquidity grab that shook out late sellers; with price below both MA7 ($1.0966) and MA25 ($1.1254), the path of least resistance is a snap-back toward the 4H order block at $1.110.
DYOR